Next Question

Legal Question

Asked on: 2/07/03, 6:22 am

Debt

I am on a medical leave (on job injury) and collecting about a third of my salary, so far I have an excellent credit rating. However my debt to income ratio has been shot , I owe 53000 in cc,10000on my 401k, and 23000on my car. I have around 35000 in equity on my home. Should I try to continue borrowing to pay in hopes of settling my oji case , go to credit counselors, or try to bankrupt? I keep getting more in debt and am using credit cards to pay credit cards. HELP!!

Share This On:

2 Answers

Re: Debt You need to consult with legal counsel, ASAP. First you need to speak to a workmen's compensation attorney to discuss your on the job injury. You then need to speak to a b...

Answered By:

John Sawyer

Read full answer

Re: Debt If you are considering filing bankruptcy as in a chapter 7 you need to be careful because you indicated that you have $35,000 equity in on the house. If a chapter 7 could ...

Answered By:

Tommy Andrews, Jr.

Read full answer

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys

Next Question

Search Questions and Answers

Keywords
State
Country
Area of Law
Search	Any keyword All keywords

Ask a Confidential Question

In order to get private confidential legal advice from a licensed attorney in your location, simply enter your legal question with all relevant information below, and click the "Ask Question" button when ready. The next steps will allow to you to select which attorneys will be able to review and answer your question.

We value your privacy.

Ask Question

Ask A Free Legal Question

View Complete List ▼

Administrative Law	Elder Law
Admiralty Law	Employment Law
Adoption Law	Entertainment Law
Appeals and Writs	Environmental Law
Aviation Law	Estates Law
Banking Law	Family Law
Bankruptcy Law	Family Medical...
Business Law	Federal Tort Claims...
Civil Rights Law	General Civil Litigation
Child Custody	Health Care Law
Computer Law	Immigration Law
Constitutional Law	Insurance Law
Construction Law	Intellectual Property
Consumer Law	Investment Law
Collections Law	Juvenile Dependency
Criminal Law	Labor Law
Disability	Landlord/Tenants
Discrimination Law	Legal Ethics
Divorce Law	Legal Malpractice
Drunk Driving Law	Mediation
DUI Law	Medical Malpractice
Education Law	Military Law
Native American Law	Other Discrimination
Personal Injury Law	Products Liability
Probate Law	Professional Res...
Real Property Law	Real Estate Law
Securities Law	Sexual Harassment
Social Security Law	Sport Law
Tech Law	Tax/Taxation Law
Traffic Law	Trusts Law
Veterans Law	Wills Law
Workers' Compensation Law	Search

Administrative Law	Family Law
Bankruptcy Law	Family Medical Leave...
Child Custody	Health Care Law
Collections Law	Immigration Law
Criminal Law	Insurance Law
Discrimination Law	Labor Law
Divorce Law	Landlord/Tenants
Drunk Driving Law	Legal Ethics
Employment Law	Legal Malpractice
Medical Malpractice	Personal Injury Law
Probate Law	Real Estate Law
Sexual Harassment	Tech Law
Traffic Law	Wills Law
Workers' Compensation

Bill of Sale	Living Will
Contracts	Notices
Divorce	Power of Attorney
Employment	Quitclaim Deeds
Landlord & Tenant	Real Estate
Leases & Rentals	Sales and Purchases
Letters	Wills
Living Trusts	More...

Bill of Sale	Living Will
Contracts	Notices
Divorce	Power of Attorney

Virginia | Bankruptcy

Legal Question

Share This On:

2 Answers

Didn't find what you were looking for? Ask an Attorney!

Top Attorneys in VA

Search Questions and Answers

Ask a Confidential Question

Ask A Free Legal Question

Top Areas of Law

Legal Forms

Related Questions and Answers